Question

10 POINTS !!!!!!!!!!!! :) please help lol

Monica finances a new car with a $12,000 retail price. The interest is 2.5% and there are additional fees of $1,000. What is the APR on her loan ?


A) 9.5%

B)9.6%

C) 10.8%

D)11.2%

Answer 1

10.8 % because if u do teh math problem correctly and u divide and u also need to simplify

Answer 2

Your answer is going to be c.